Air Brake System Market is estimated to be USD 4.5 billion in 2018 and is projected to reach USD 5.6 billion by 2027, at a CAGR of 3% during the forecast period.
An air brake or compressed air brake system is a type of friction brake designed for vehicles in which compressed air is applied to the pistons to apply more pressure to the brake pads to stop the vehicle. In addition to being used by rail trains, air brakes are used on large heavy vehicles with multiple trailers that must be connected to a brake system such as trucks, buses, trailers and semi-trailers.
(Get 15% Discount on Buying this Report)
Get Sample Copy of Air Brake System Market at: https://www.orionmarketreports.com/request-sample/?id=38647
Key Players
The key players in the air brake system market are Knorr-Bremse (Germany), Wabco (Belgium), Meritor (US), Haldex (Sweden), ZF (Germany), Wabtec (US), and Nabtesco (Japan).
Global Market, By Component
- Compressor
- Governor
- Storage tank
- Air dryer
- Foot valve
- Brake chamber
Global Market, By Brake Type
- Air Disc
- Air Drum
A full report of Global Air Brake System Market is available at: https://www.orionmarketreports.com/air-brake-system-market/42955/
Scope of the Report
The research study analyzes the global Air Brake System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Air Brake System Market Report
1. What was the Air Brake System Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
- What will be the CAGR of Air Brake System Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Air Brake System Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.For more customized data, request for report customization @ https://www.orionmarketreports.com/inquiry-before-buying/?id=38647
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
